Thursday, 20 June 2019

Ponzi schemer’s East Hampton home seized by feds to hit the market

An unusual East Hampton home that finally found a buyer in 2015 after two years on the market is now poised to list again, albeit under less-than-ideal circumstances. The Arc House, built in 2010 and designed by Maziar Behrooz, will soon return to the Hamptons’ turbulent luxury home market as the U.S. Department of Justice prepares to list the property as part of its criminal case against admitted felon Joseph Meli, Bloomberg reported. A federal […]



source https://therealdeal.com/tristate/2019/06/20/ponzi-schemers-east-hampton-home-seized-by-feds-to-hit-the-market/#new_tab

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